Impact investment manager Incofin IM announced two of its funds under advice, Fairtrade Access Fund (FAF) and FPM will both benefit from a capital contribution of USD 3.5m and USD 3m respectively, from the German Development Bank, KfW. KfW is a founding shareholder of the FAF, with the additional investment boosting the fund’s ambition to continue to be the best performing self-sustainable agro-focussed fund, generating both tangible impact and returns for its stakeholders.
In a country like India where post-harvest losses amount to 10%, Sohan Lal Commodity Management PVT Ltd. (SLCM) has been instrumental in devising technology that has cut post harvest losses to a just a mere 0.5%. SLCM has devised standard operating procedures combining technology with agri domain expertise, that allow the group to operate any warehouse agnostic to infrastructure, location, weather pattern across any kind of agriculture crop.
2017/09/22Incofin Investment Management (Belgium) via its agRIF Fund, has invested USD 6 million in a Series A equity round in Save Solutions Private Limited (SAVE).SAVE brings a gamut of banking savings products through its Business Correspondent (BC) network. It plans to utilise the recent funding to capitalise and expand its two NBFC subsidiaries, which offer individual SME loans and microfinance products.
Drawing upon data and insights from eleven financial institutions, the Council on Smallholder Agricultural Finance (CSAF) today released its annual “State of the Sector” report. Visit the CSAF website to download the report and learn more about the evolving credit market for agricultural SMEs, including:
· Growth and risk trends from 2016
· Market outlook for 2017 and beyond